BoAt shares
Your search to know when to expect the IPO of BoAt shares ends here. You are not alone in knowing it, as thousands and thousands of investors also expect it. This is because BoAt has been India’s leading digital brand for the past decade since 2014. The revenue of BoAt surged from only around 100 crores in 2018 to over 3,000 crores in 2024. Also, the IPO or initial public offering is expected in the first few days of 2025. It is good news for many investors to kickstart the new year 2025 to increase their wealth by investing more in BoAt shares. This is because BoAt’s share price on the expectation of listing in the exchanges is at its all-time high of around Rs. 1,700.
Continue reading the blog until the end for more detailed information about the BoAt share price India IPO and its expected announcement date to become richer by investing in it through a reputed broker.
What is the BoAt share price IPO size?
Imagine Marketing, the parent company of BoAt, founded in 2013 and launched its first digital brand in 2014, increased its sales and leadership as the first digital platform in India. Many like you were expecting BoAt IPO in 2024 as revenue rose to an all-time high in the year, along with favourable market conditions. The BoAt shares issue size is Rs. 2,000 crores. It includes an issue of new shares for Rs. 900 crores and an OFS or offer for sale for Rs. 1,100 crores.
When to expect the IPO of BoAt shares?
BoAt filed DRHP or draft red herring prospectus with SEBI, Securities Exchange Bureau of India, or the securities market’s watchdog in December 2024. The DRHP filed with SEBI is the starting point of the IPO, which will come out soon. As soon as the IPO comes, the BoAt shares will be available for investing in the NSE and BSE, two of the premier exchanges in India and a few of the top worldwide. However, with the market falling from the all-time highs of 2024, unfavourable conditions may delay the IPO. However, market experts confirm that the BoAt shares’ IPO may come in the next few weeks of the new year. With increasing revenue year after year because of the rising demand for wearables, smartwatches, and others. BoAt share price is at an all-time high in the grey market because of the IPO expectations in recent days.
So, you can expect the BoAt shares IPO to come soon or within a few weeks or months of 2025 to make you wealthier by investing more through the renowned online platform using simple but advanced technology and safety.
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